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Collins and Ripplewood are long-time investors in Egypt
Author Archives: enterpriseam admin
Posted inTech
We could host Africa’s largest data center complex
Elsewedy Data Centers and Emirati firm Gulf Data Hub plan to invest USD 2.1 bn to build three data center complexes here, Emirati state news agency WAM reports. The firms signed an MoU on the sidelines of the World Government Summit in Dubai to build the three complexes, which together would form the African continent’s […]
Posted inTech
SFE wants to turn old Downtown ministry buildings into tech office space
The fund to collaborate with private sector to repurpose old ministries’ buildings
Posted inInvestment Watch
Conference report: Energean to invest USD 350 mn here this year, EGAS expects Egypt to up production in next two years
The planned investments are equal to 17.5% of the USD 2 bn Energean has invested in Egypt to date
Posted inLEGISLATION WATCH
Expat car-for-FX scheme likely to be extended again amid low turnout
The scheme allows expats to bring cars into Egypt
Posted inEconomy
External debt falls for a second consecutive quarter
This is the second consecutive drop since external debt hit a record high in 3Q 2021-2022
Posted inMoves
Juhayna shares soar as Seif Thabet reappointed CEO
Thabet is taking over from Niels Thomsen, who will now become the company’s managing director
Posted inLAST NIGHT’S TALK SHOWS
More from Dubai + How many ways can MPs think of to drum up FX?
It was a mixed bag on last night’s talk shows. President Abdel Fattah El Sisi’s participation in Dubai’s World Government Summit led coverage for a second day, while amendments to the expat car-for-FX scheme and the state privatization program also got attention. Analysts gave the pundits their two cents on the importance to the business […]